2 bed flat for sale East Yar Road, Sandown, PO36

Guide price

£50,000

Added on 09/10/2026

For sale by auction

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Ask agent

Key features

FOR SALE BY ONLINE AUCTION
6 WEEKS’ COMPLETION
2 bedroom long leasehold with garage
Vacant possession, First Floor Flat
Requiring full renovation
Good investment potential

About this property

A two-bedroom first floor long leasehold flat requiring comprehensive renovation, offering clear potential for investors and developers seeking a refurbishment project. The property provides scope to create an improved modern home or rental investment, subject to the necessary consents and lease provisions.

Situated in a popular area of Sandown Bay, the property benefits from access to local amenities, transport links and the wider attractions of the eastern Isle of Wight, including nearby coastal destinations.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,751
Band B

£2,042
Band C

£2,334
Band D

£2,626
Band E

£3,209
Band F

£3,793
Band G

£4,376
Band H

£5,252

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Isle of Wight, 2026/27 bills run from £1,751 a year in band A to £5,252 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Isle of Wight, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

East Yar Road, Sandown, PO36

Open map Street View

Mortgage and stamp duty

Property price £50,000

£25k £75k

Deposit10% £5,000

£0 £50k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £45,000 mortgage. Most lenders would want a household income of about £10,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 10, Morton Lodge, East Yar Road Flat / maisonette	Flat / maisonette	Mar 2025	581 sq ft £224/sq ft	581 sq ft	£224	£130,000
Flat 11, Morton Lodge, East Yar Road Flat / maisonette	Flat / maisonette	Jun 2016	624 sq ft £184/sq ft	624 sq ft	£184	£115,000
Flat 2, Morton Lodge, East Yar Road Flat / maisonette	Flat / maisonette	May 2015	603 sq ft £166/sq ft	603 sq ft	£166	£100,000
Flat 5, Morton Lodge, East Yar Road Flat / maisonette	Flat / maisonette	Sept 2014	700 sq ft £154/sq ft	700 sq ft	£154	£108,000
Flat 1, Morton Lodge, East Yar Road Flat / maisonette	Flat / maisonette	Aug 2012	549 sq ft £118/sq ft	549 sq ft	£118	£65,000
Flat 12, Morton Lodge, East Yar Road Flat / maisonette	Flat / maisonette	Aug 2011	667 sq ft £154/sq ft	667 sq ft	£154	£103,000
Flat 2, Morton Lodge, East Yar Road Flat / maisonette	Flat / maisonette	Sept 2005	603 sq ft £171/sq ft	603 sq ft	£171	£103,000
Flat 12, Morton Lodge, East Yar Road Flat / maisonette	Flat / maisonette	Oct 2004	667 sq ft £146/sq ft	667 sq ft	£146	£97,500